Key Digital Substation Market Players:
- ABB Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Siemens AG
- General Electric Co.
- Schneider Electric
- Honeywell International Inc.
- Cisco Systems Inc.
- Eaton Corporation plc
- Emerson Electric Co.
- NR Electric Co. Ltd.
- OMICRON
- NovaTech
- Belden Inc
- Net Control Group
In the market companies are transforming the entire digital landscape of the substation. Through their innovative efforts in automation, real-time monitoring makes it effortless and frictionless for utilities to optimize distributed renewable energy. For instance, in September 2023, One Energy Enterprises Inc. declared that it had finished building America's first plug-and-play transmission voltage level substation that was fully digital. Additionally, this transformation is a crucial step towards cybersecurity, which safeguards digital infrastructures from threats.
Here’s the list of some key players:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of digital substation is evaluated at USD 8.86 billion.
Digital Substation Market size was valued at USD 8.31 billion in 2025 and is expected to reach USD 16.97 billion by 2035, expanding at around 7.4% CAGR during the forecast period i.e., between 2026-2035.
North America commands a 48.7% share in the Digital Substation Market, driven by the challenges of aging infrastructure and the integration of renewable energy sources, bolstering growth prospects through 2026–2035.
Key players in the market include ABB Ltd., Cisco Systems Inc., General Electric Co., Honeywell International Inc., Eaton Corporation plc., Emerson Electric Co.
